Take 5 CEO Marc Graham, who headed Take 5 Oil Change as CEO since 2013 and has more than 40 years of experience in the automotive aftermarket, will lead the Driven Brands Quick Lube division. Roark Capital Group Inc - Company Profile and News Roark Capital Acquires Fitness Connection. 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Roark Capital Group serves customers in the United States. Roark :: About Roark - Roark Capital Group Roark focuses on middle market investment opportunities through family-owned business transfers, management and corporate buyouts . Mathnasium is a leading franchisor of math learning centers with over 1,000 locations across 46 states and 12 countries. Anytime Fitness is the largest fitness franchise in the world, with gym facilities open 24 hours a day, 365 days a year. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. For over 30 years, Culvers guests have been treated to cooked-to-order food made with farm-fresh ingredients, served with a smile. 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For more information, please visit www.roarkcapital.com. Inspire Brands is a privately owned equity company that falls under the management of Roark Capital Group . Since inception, affiliates of Roark have acquired 105 franchise/multilocation brands which generate approximately $70 billion in system revenues from ~67,700 locations located in 50 states and 89 countries. Known as 'America's Bodyshop', Maaco is a leading provider of auto painting and light collision repair services. Divisions Maintenance Group is a tech-based provider of integrated facilities maintenance services for prominent retail chains, pharmacies, grocery stores, warehouses, distribution centers, and REITs across more than 46,000 locations in all 50 states. Today the only other restaurantchain Golden Gate owns besides Red Lobster is California Pizza Kitchen, but their portfolio includes lots of non-restaurant companies, including Eddie Bauer, Payless, and J. Jill. And that someone, who snapped the company up in early 2018, was Roark Capital, also the owner of the fast-food company Arby's, which has been pegged as one of the least respected fast-food chains . CKE is one of the world's largest franchisors and operators of quick-service restaurants under the Carls Jr. and Hardees brand banners. See Neal K Aronson's compensation, career history, education, & memberships. The buyback more than doubled Roark's initial investment. When the company was sold in 2000, it had three brands and some 500 hotels in all 50 states and five countries. Roark :: About Our Name - Roark Capital Group Who owns Miller's Ale House? We like growth, and were looking to invest in growth.. 8 Secrets Buffalo Wild Wings Doesn't Want You to Know Meineke provides all regularly scheduled maintenance services, along with repair and replacement of vehicle components. READ MORE, Invest in Good is Roarks multi-faceted commitment to long-term social impact initiatives. Roark focuses on middle-market investment opportunities through family-owned business transfers, anagement/corporate buyouts, recapitalizations, going-private transactions, and corporate divestitures. It takes time to build a really good company, to make it sustainable, and make the growth something thats long term.. Jamba is a category-leading smoothie and juice chain that offers a variety of high quality smoothies, juices, bowls and other products. who owns arbys Official 2023 The private-equity firm helped turn around Arby's after buying a majority stake in 2011. Franchise Systems, Aronson interacted regularly with two other executives, Steven Romaniello and Geoff Hill, who would later fill important operating and managing roles at Focus Brands and Roark. I called Neal and said, What have you gotten me into? Romaniello says. Roark has a history of creating jobs, providing opportunities, and helping people and companies realize their potential. Content warning: This article covers allegations of sexual assault. ", "This is a tremendous opportunity for Take 5 Oil Change to grow our business to the next level," said Graham. Flower Child is a growing, fast casual restaurant offering a customizable menu, made fresh from scratch, featuring locally-sourced, all-natural and organic ingredients. Roark Capital Portfolio Company Driven Brands Acquires Take 5 Oil Change Furniture Medic is a global leader and franchisor in the furniture repair and restoration industry. Healthy Contributions (Self Esteem Brands), International Car Wash Group (Driven Brands), Seattle's Best International (FOCUS Brands), ServiceMaster Clean (ServiceMaster Brands), ServiceMaster Restore (ServiceMaster Brands), Streamline Brands (Youth Enrichment Brands), U.S. When typing in this field, a list of search results will appear and be automatically updated as you type. Roark Capital Group , an Atlanta-based private equity firm, acquired Miller's Ale House, a growing casual dining restaurant chain, from owners Jack Miller, KarpReilly and SKM Equity Fund III. Founded in 1988, U.S. Take 5 is a leading provider of oil change services through a convenient drive-thru format with fast, friendly customer experience. We are delighted to be a part of the Roark family. Founded in 2006, Streamline Brands is a leading franchisor and EPAM Anywhere hiring Senior Automation Tester in Armenia | LinkedIn Were just not big believers in shortcuts, Aronson says. Roark Capital Group Investor Profile: Portfolio & Exits | PitchBook The Company provides a comprehensive suite of services primarily to retail, fleet, and industrial consumers. That step will leave him with 2.4 million shares. Cheesecake Factory buys most of Roark's stake for $457M Founded in 1934, Carvel is the leading manufacturer of branded ice cream cakes in the United States and a top producer of premium soft-serve ice cream. The Rinse-and-Repeat Franchise Model That Makes This Couple $25 Million Arby's restaurant owner Roark Capital Group will buy Buffalo Wild Wings for $2.4 billion, months after an activist investor won seats on the chicken wing restaurant's board following a proxy . Roark NEW YORK OFFICE 540 Madison Ave 37th Floor New York, NY 10022 Phone (212) 806-6000 Fax (212) 518-2028 www.roarkcapital.com Corner Bakery sold to Pandya Restaurant group All of those characteristics have helped turn Roark into one of the biggest influencers in the quick-service industry. ATLANTA OFFICE Founded in 2006, Streamline Brands is a leading franchisor and Roark Capital Group, that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. He is my all-time favorite character in any book, Aronson says. The numbers on this page are based on contributions of $200 or more from PACs and individuals to federal candidates and from PAC, individual and soft . The customer is an American company that is an affiliate of the American private equity firm Roark Capital Group which currently owns Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, and McAlister's Deli, Auntie Anne's, and Jamba brands. ORLANDO, Florida: Under recently reinstated CEO Bob Iger, Walt Disney Co. announced this week that it is cutting 7,000 jobs, or 3.6 percent of the company's global workforce, to save $5.5 billion in costs and seek to make its streaming business profitable. Thats key. Our consumer products and services investments have included Driven Brands (the owner of ABRA, ATI, CARSTAR, International Car Wash Group, Maaco, Meineke, Take 5, Uniban, 1800 Radiator, Auto Glass Now, and others), ServiceMaster Brands (the owner of ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic, AmeriSpec, and Two Men and a Truck), Pet Supermarket, Pet Valu, Orangetheory Fitness, Massage Envy, Mathnasium, Primrose Schools, Self Esteem Brands (the owner of Anytime Fitness, Basecamp Fitness, The Bar Method, Waxing the City, and Stronger U), Fitness Connection, Youth Enrichment Brands (the owner of US Sports Camps, US Baseball Academy, i9 Sports, Streamline Brands and KE Camps), Great Expressions Dental Centers, and previously Atkins Nutritionals, Batteries Plus Bulbs, Drybar, FASTSIGNS, and US Franchise Systems. [16], Inspire Brands on September 25, 2018 announced that it was buying Oklahoma City-based Sonic Drive-In for $2.3 billion. operator of swim schools for children of all ages, serving over 150,000 swimmers per year. Installation Made Easy coordinates the lead generation, sale, and installation of do-it-for-me home improvement projects on a nationwide basis on behalf of several of America's most respected home improvement and general merchandise "Big Box" retailers. Roark Capital Group Profile: Totals OpenSecrets 403 Veterans Blvd. While the firm has not sold any of its restaurant companies yet, that time will come. Media ContactBrandi Neloms, Sr. Communications Manager[emailprotected] 704-644-8151, Cision Distribution 888-776-0942 Installation Made Easy coordinates the lead generation, sale, and installation of do-it-for-me home improvement projects on a nationwide basis on behalf of several of America's most respected home improvement and general merchandise "Big Box" retailers. Roark bought control of Arbys for $430 million in cash and debt, despite 2010 results that one analyst dubbed amongst the worst in modern restaurant history.. US Sports Camps offering spans 19 different physical sports, Esports, and academic programs for campers ranging from 6 to 18 years old. In the U.S., ICWG operates under the banners of Car Wash USA Express, Goo-Goo, Zippy's, Car Wash Express, and Supersonic Car Wash. ICWG is committed to delivering consistent wash quality for the customer while minimizing the impact on the environment. Since inception, affiliates of Roark have invested in 92 franchise/multi-location brands which generate approximately $54 billion in annual system revenues from 63,000 locations in 50 states and . We earn trust by abiding by the highest moral standards and treating our investors, management teams, lenders, advisors, service providers and communities with dignity and respect. As the Atlanta-based private equity firm that owns Massage Envy, Roark Capital Group published a plan in 2017 to address the . Few of Arbys issues were present at CKE, which was acquired from private equity firm Apollo Global Management. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. For more information visit www.roarkcapital.com. McAlister's is a franchise chain of quick casual restaurants offering a variety of sandwiches, salads, soups, wraps and desserts. Stronger U is a digital, personalized nutrition-based health coaching services brand. Roark owns a huge stable of franchised restaurant brands through its two main holdings, Focus Brands and Inspire Brands. In 2002, Massage Envy created a completely new category in the wellness industry and remains the industry leader in providing professional and affordable services that promote well-being through total body care. [11][12] Arby's CEO Paul Brown was selected to continue as Inspire Brands CEO. We believe that successful partnerships begin with providing a compelling value proposition to all business constituencies. Neal K Aronson is Managing Partner/Founder at Roark Capital Group. Franchise Systems, an Atlanta-based hotel franchisor that began with one brand and 22 hotels in nine states. Who Owns Who in Franchising? Over 50 of the Most Popular Franchise Was decided. [15], On August 16, 2018, The Wendy's Company announced that it sold its 12.3% stake in Inspire Brands back to the company for $450 million, which included a 38% premium over the stake's most recent valuation. Culver's is a family-favorite restaurant known for their ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Driven manages a family of automotive brands including ABRA, CARSTAR, Maaco, Meineke, Take 5, Uniban, 1-800 Radiator, and others. Baskin-Robbins, the worlds largest chain of ice cream specialty shops, is known for its variety of 31 flavors of ice cream, along with their creative ice cream cakes, milkshakes, and ice cream sundaes. Roark Capital Group Acquires International Car Wash Group - PR Newswire Roark ATLANTA OFFICE 1180 Peachtree Street NE Suite 2500 Atlanta, Georgia 30309 Phone (404) 591-5200 Fax (404) 591-5201 www.roarkcapital.com. We learn a lot from every company we evaluate, and then as we work with the companies., Making an acquisition is just the ticket to play, he adds. Roark Capital Group. www.roarkcapital.com. Roark's current brands include Anytime Fitness, Arby's, Atkins Nutritionals, Batteries Plus Bulbs, Carl Jr.'s, Corner Bakery, Driven Brands, FOCUS Brands (the owner of Auntie Anne's Pretzels, Carvel Ice Cream, Cinnabon, McAlister's Deli, Moe's Southwest Grill, and Schlotzsky's), Hardee's, Il Fornaio, Massage Envy, Miller's Ale House, Money Mailer, Naf Naf Grill, Orangetheory Fitness, Pet Supermarket, Pet Valu, Primrose Schools, Quala, Waxing the City, and Wingstop. Working At Arby's: Employee Reviews And Culture - Zippia